401 Spruce CirWatsonvilleCA95076
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Watsonville at 401 Spruce Cir, Watsonville, CA, 95076 priced at $600,000 converts $3,799/mo rent into $87/mo cash flow after a $2,937/mo obligation. Total monthly income equals $3,799/mo, and annual cash flow totals $1,044/yr on $197,400 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 7.6% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 106.44% and total cumulative return in cash sums $210,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,799/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1977
4,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95076, Watsonville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,961 (100%) |
| Owner Occupied HU | 12,096 (48.5%) |
| Renter Occupied HU | 11,111 (44.5%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $774,250 |
| Average Home Value | $938,782 |
Housing Distribution
Address Breakdown
Residential
22,811
Single Family
21,245
Multi-Family
1,566
Businesses
1,912
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Listed by: Maria Lopez • Maria Angelica Lopez, Broker
Mls Name: MLSListings Inc
Mls ID: #ML82014751